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Auditor vs accounting analyst

The differences between auditors and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an accounting analyst has an average salary of $58,399, which is higher than the $54,853 average annual salary of an auditor.

The top three skills for an auditor include audit reports, customer service and financial statements. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Auditor vs accounting analyst overview

AuditorAccounting Analyst
Yearly salary$54,853$58,399
Hourly rate$26.37$28.08
Growth rate6%6%
Number of jobs20,32581,097
Job satisfaction3-
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 74%
Average age4444
Years of experience-4

What does an auditor do?

An auditor is responsible for reviewing financial statements and making sure that the reports align with the accounting principles and legislative standards. Some of the important duties of an auditor are verifying the company's account statements, ensuring that the business is free from fraud and other unusual activities, providing recommendations to boost operations' performance, and creating financial reports for the board. An auditor should have excellent analytical and decision-making skills to spot inaccuracies of financial statements and resolve financial issues immediately.

What does an accounting analyst do?

An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

Auditor vs accounting analyst salary

Auditors and accounting analysts have different pay scales, as shown below.

AuditorAccounting Analyst
Average salary$54,853$58,399
Salary rangeBetween $35,000 And $84,000Between $42,000 And $79,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew JerseyNew York
Best paying companyMicrosoftGoogle
Best paying industryProfessionalFinance

Differences between auditor and accounting analyst education

There are a few differences between an auditor and an accounting analyst in terms of educational background:

AuditorAccounting Analyst
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Auditor vs accounting analyst demographics

Here are the differences between auditors' and accounting analysts' demographics:

AuditorAccounting Analyst
Average age4444
Gender ratioMale, 44.9% Female, 55.1%Male, 41.6% Female, 58.4%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5%Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between auditor and accounting analyst duties and responsibilities

Auditor example responsibilities.

  • Lead FDA readiness audits and participate in regulatory inspections.
  • Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Perform semi-annual financial audits w/ externally contract CPA to validate accounts payable and receivables.
  • Develop and facilitate training for SOX process owners and other stakeholders using Microsoft PowerPoint.
  • Work efficiently and effectively with various process owners to develop SOX specific business processes and mating documentation controls.
  • Show more

Accounting analyst example responsibilities.

  • Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
  • Manage reconciling monthly discrepancies between ERP transfers.
  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
  • Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
  • Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.
  • Show more

Auditor vs accounting analyst skills

Common auditor skills
  • Audit Reports, 18%
  • Customer Service, 8%
  • Financial Statements, 6%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Payroll, 5%
Common accounting analyst skills
  • Reconciliations, 12%
  • Customer Service, 7%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Strong Analytical, 4%
  • Payroll, 4%

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